Tuesday newspaper share tips: British Land, BAE Systems
19th Jul 2016 12:53
(ShareCast News) - Nobody knew where the UK property market was heading, but the discount between where the shares of British Land were trading and the company's net asset value looked "too wide", The Times's Tempus said. Yes, the caution evident in the company's trading statement the day before was
Read moreSector movers: Real estate, Oil&Gas pace gains, mining down
19th Jul 2016 10:54
(ShareCast News) - Real estate investment trusts led to the upside despite the International Monetary Fund and European Commission's decision on Tuesday to take a knife - as might have been expected - to their forecasts for the British economy next year. In the case of the Washington-based
Read moreCiti sees opportunity in UK real estate correction
18th Jul 2016 16:17
(ShareCast News) - UK commercial real estate values were set to fall further, analysts at Citi said, but they believed the falls would only be a 'correction' - mostly cyclical in nature - and should be looked upon as a trading opportunity. Nonetheless, they admitted the risk of a more severe propert
Read moreBritish Land expects investors to be cautious post Brexit vote
18th Jul 2016 07:02
(ShareCast News) - British Land said it was too early to properly assess the impact of the referendum result on its markets but it did expect some occupiers and investors to take a more cautious approach. "British Land has entered this period of post-referendum uncertainty in a robust position," it
Read moreDirectors dealings: Norcros finance chief picks up shares
15th Jul 2016 16:31
(ShareCast News) - Norcros's finance chief Shaun Smith picked some shares in the Bathroom products company following the recent sharp drop in the stock price in the wake of the EU referendum vote. Smith, who was appointed to his post in April 2016, bought 20,000 shares at an individual price of 157p
Read moreThe City's Cheesegrater is now fully let
11th Jul 2016 15:19
(ShareCast News) - British Land, alongside Oxford Properties, announced on Monday afternoon that the Leadenhall Building - better known among Londoners as the Cheesegrater - is now fully let. The FTSE 100 firm said current customers Kames Capital, MS Amlin and Rothesay Life committed to take the las
Read moreLondon close: Banks, financials and property fly amid BoE rate-cut chatter
7th Jul 2016 16:38
(ShareCast News) - UK shares flew north with Associated British Foods leading blue chips on a chipper update and chased by a peloton of banking, financial and property stocks on rising expectations of a Bank of England rate-cut next week. "Today marks the first day since the (non-binding Brexit) ref
Read moreFTSE 100 movers: ABF ascends above rebounding real estate and housebuilders
7th Jul 2016 14:18
(ShareCast News) - London's blue chip index was boosted by a bevvy of rebounding financials and property stocks, though they were topped by a surging rise from Associated British Foods. AB Foods danced more than 10% higher after it said the significant weaking of the pound since the Brexit vote had
Read moreMiners and defensives pace gains
4th Jul 2016 14:30
(ShareCast News) - Miners were doing best among the main market groups, with some market commentary referencing the boost to commodity prices from heightened expectations for further monetary stimulus from several of the world´s main central banks, while the Federal Reserve could be expected to stay
Read moreLondon-listed REITs slump as Liberum downgrades on Brexit risks
4th Jul 2016 12:36
(ShareCast News) - Liberum downgraded its ratings on British Land, Land Securities, Intu Properties and Hammerson as it pointed to greater occupier uncertainty in London City offices and retail following the UK's decision to leave the European Union. "Irrespective of economic stabilisers and low int
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreTuesday newspaper share tips: British Land, Marks & Spencer
17th May 2016 12:36
(ShareCast News) - The relative under-performance of British Land's shares in recent months is arguably a tell for heightened risk aversion among investors, says the Financial Times' s Lex column. It pointed to the 23 June referendum that would decide whether the UK continued as part of the EU, and
Read moreBroker tips: HSBC, British Land, Crest Nicholson
16th May 2016 12:43
(ShareCast News) - Shore Capital reiterated its only 'buy' rating in the housebuilding sector on Crest Nicholson as the company released a half-year trading update. The broker said Crest, the most "strategically ambitious" of the larger housebuilders due to its growing focus on the institutional pri
Read moreFTSE 100 movers: Anglo leads and British Land plays catch up
16th May 2016 12:04
(ShareCast News) - The FTSE 100 had crawled to positive territory with around an hour left of Monday's session, helped by a positive start across the Atlantic. Miners led the charge among the blue chips, taking seven of the top ten spots as some market commentary suggested that disappointing Chinese
Read moreNumis reiterates 'add' rating for British Land
16th May 2016 09:28
(ShareCast News) - Numis reiterated an 'add' rating and target price of 770p for British Land after the company reported its full year results. British Land said underlying profits rose to £363m from £313m driven by successful leasing activity and lower financing costs, while net asset value (NAV) j
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